Gross domestic product grew by 0.2 per cent from the previous
quarter

According to Statistics Finland's preliminary
data, the volume 1) of Finland’s gross domestic
product increased in January to March by 0.2 per cent from the
previous quarter. Compared with the first quarter of 2018, GDP
adjusted for working days grew by 1.2 per cent.

Revisions put the change in the volume of GDP in the last
quarter of 2018 at 0.5 per cent from the previous quarter (was 0.7
%) and at 2.2 per cent from twelve months back (was 2.2 %).

In the first quarter of 2019, the volume of exports increased by
3.0 per cent from the previous quarter and by 3.9 per cent
year-on-year. Imports decreased by 5.7 per cent from the previous
quarter and by 1.9 per cent year-on-year.

In the first quarter, the volume of private consumption
contracted by 1.2 per cent from the previous quarter and by 0.6 per
cent from twelve months back. Gross fixed capital formation, or
investments, fell by 0.3 per cent from the previous quarter but
grew by 0.2 per cent year-on-year.

1) Volume refers to data from which the effects of price changes
have been eliminated. Volumes at reference year 2010 prices are
expressed relative to the 2010 level at current prices (in EUR).
Change percentages from the quarter of the previous year have been
calculated from time series adjusted for working days, and change
percentages from the previous quarter from seasonally adjusted time
series.